How to Lock in the Lower Rate
All home buying should start with a pre-approval of a mortgage. Once you have that in hand, you’ll know how much house you can afford to buy. The lender will likely lock in the rate that you’re using for your estimate for a set period of time.
Once you’ve locked in that rate, you can proceed with looking for a house that meets your needs.
Once you have your mortgage commitment, the key is to find a real estate agent that can match that amount of funding with the needs that you have for a home.
Why buy a house this year?
According to economists, the mortgage rates could continue to rise from now into the foreseeable future.
Buy a house now
Now is a great time to buy a house. Save yourself a lot of money over the course of your mortgage.
Inventory is low in the Dallas / Fort Worth area, so the search might take some time. Starting now can save you tens of thousands of dollars over the next few decades.